Limited Liability Company

A Limited Liability Company (LLC) is a business entity that provides limited liability to its owners (members) while allowing flexible management and, in many cases, pass-through tax treatment. In venture financing, a Limited Liability Company (LLC) may be less common than a Delaware C-corp because of equity incentive and investor constraints, but LLC structures are frequently used for holding companies, real estate, and certain funds.

author avatar
Ryan Roberts Startup Lawyer
Ryan Roberts is a startup lawyer with more than two decades of experience advising on venture financings and M&A transactions totaling more than $1 billion. He is the author of the Amazon bestselling startup law book Acceleration.